PLUG POWER INC
For the period ended Jun 30, 2024. Filed Aug 8, 2024.
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Jun 30, 2024 · Filed Aug 8, 2024
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Item 5. – Other Information
| (a) | On August 2, 2024, Kyungyeol Song notified the Board of Directors of his decision to resign from the Board of Plug Power Inc. effective immediately. Mr. Song’s resignation was not due to any disagreement with the Company on any matter relating to the Company’s operations, policies or practices. |
(c) Director and Officer Trading Arrangements
On May 17, 2024, Martin Hull, anexecutive officer of our Company, adopted a stock trading plan established pursuant to Rule 10b5-1 of the Exchange Act, which was intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). The trading plan provides for the sale of up to 501,710 shares of the Company’s common stock in the aggregate until the earlier of November 28, 2025 or the date all shares are sold thereunder.
On June 3, 2024, Maureen Helmer, adirector of our Company, adopted a stock trading plan established pursuant to Rule 10b5-1 of the Exchange Act, which was intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). The trading plan provides for the sale of up to 27,056 shares of the Company’s common stock in the aggregate until the earlier of December 3, 2025 or the date all shares are sold thereunder.
On June 14, 2024, Keith Schmid, anexecutive officer of our Company, adopted a stock trading plan established pursuant to Rule 10b5-1 of the Exchange Act, which was intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). The trading plan provides for the sale of up to 648,334 shares of the Company’s common stock in the aggregate until the earlier of September 12, 2025 or the date all shares are sold thereunder.
The trading plans were entered into during an open insider trading window and are intended to satisfy the affirmative defense conditions of Rule 10b5-1(c) under the Exchange Act. There were no other Rule 10b5-1 trading arrangements ornon-Rule 10b5-1 trading arrangements adopted, modified orterminated by the Company’s directors or executive officers during the quarter ended June 30, 2024.
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